Part 4/9:
Central to the conversation is the need for effective funding mechanisms to support energy initiatives. Dr. Soliman pointed out the potential of leveraging capital markets for financing energy projects, particularly in states like Lagos. He believes that such initiatives can provide the necessary financial resources to achieve not only affordable electricity but also a reliable and sustainable energy supply for Nigerians.
However, he emphasized that investment should not only focus on urban centers; rather, it should also target rural electrification which can help bridge the transparency gap in energy access. Currently, around 80 million Nigerians still lack adequate electricity supply, making this demographic critical in planning for future energy needs.